Elon Musk

California judge rules that Tesla engaged in deceptive marketing around Autopilot
Technology

California judge rules that Tesla engaged in deceptive marketing around Autopilot

Tesla electric vehicles (EV) in front of the company’s store in Colma, California, US, on Monday, Nov. 10, 2025. David Paul Morris | Bloomberg | Getty Images A California administrative law judge recently ruled recently that Tesla’s marketing around its “Autopilot” and “Full Self-Driving” systems had been deceptive, and that the company should face a […]

Read More
Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales
World

Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales

What started off as a particularly rough year for Tesla investors is turning into quite the celebration. Following a 36% plunge in the first quarter, the stock’s worst period since 2022, Tesla shares have rallied all the way back, reaching an all-time closing high of $489.88, jumping 3.1% on Tuesday. They’re now up 21% for […]

Read More
Top Trump aide Susie Wiles says he has ‘alcoholic’s personality,’ sought ‘retribution’ against NY AG Letitia James
Politics

Top Trump aide Susie Wiles says he has ‘alcoholic’s personality,’ sought ‘retribution’ against NY AG Letitia James

President Donald Trump has an “alcoholic’s personality” and has engaged in legal “retribution” against his enemies since his return to office, White House chief of staff Susie Wiles said in a remarkably candid series of interviews with Vanity Fair published Tuesday. Wiles said in March that she and Trump had a “loose agreement that the […]

Read More
Robotaxis in 2025: Waymo plots global expansion as Zoox, Tesla roll to the starting line
Technology

Robotaxis in 2025: Waymo plots global expansion as Zoox, Tesla roll to the starting line

Robotaxis felt like science fiction just a decade ago, but this year, autonomous vehicles became a commonplace option for paying passengers across big cities in the U.S. and parts of Asia. Alphabet-owned Waymo kept expanding and dominates the robotaxi market in the U.S., though rivals Tesla and Amazon-owned Zoox also launched the first versions of […]

Read More
Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon
Business

Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon

Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday to provide a reusable line of credit to Amazon sellers, backed by a JPMorgan Chase credit facility, the company told CNBC exclusively. The new relationship means eligible U.S. Amazon vendors can apply for and access capital directly through […]

Read More
Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin
World

Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin

A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. The launch of Tesla Inc.’s driverless taxi service Sunday is set to begin modestly, with a handful of vehicles in limited areas of the city. Photographer: Tim Goessman/Bloomberg via Getty Images Tim Goessman | […]

Read More
SpaceX could be the biggest IPO ever next year. How investors can play it right now
World

SpaceX could be the biggest IPO ever next year. How investors can play it right now

When SpaceX eventually goes public, the long-anticipated offering is expected to be the largest IPO ever, reshaping valuations across the aerospace industry and delivering a rare blockbuster deal for Wall Street. The Elon Musk -led space launch company is preparing to go public next year, reportedly targeting a valuation of about $1.5 trillion , potentially […]

Read More
SpaceX insider share sale sets 0 billion valuation amid possible IPO, Reuters reports
World

SpaceX insider share sale sets $800 billion valuation amid possible IPO, Reuters reports

A SpaceX Falcon 9 rocket is prepared for launch carrying NASA’s IMAP mission, which will study the boundary of the Sun’s heliosphere and other scientific payloads, at the Kennedy Space Center in Cape Canaveral, Florida, U.S., Sept. 23, 2025. Joe Skipper | Reuters SpaceX is preparing to go public next year and has opened a […]

Read More
Altman and Musk launched OpenAI as a nonprofit 10 years ago. Now they’re rivals in a trillion-dollar market
Technology

Altman and Musk launched OpenAI as a nonprofit 10 years ago. Now they’re rivals in a trillion-dollar market

Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, Japan, on February 03, 2025. Tomohiro Ohsumi | Getty Images On Dec. 11, 2015, OpenAI launched as a nonprofit research lab after Elon Musk and a group of prominent […]

Read More
Musk says SpaceX report of 2026 IPO is ‘accurate’
Technology

Musk says SpaceX report of 2026 IPO is ‘accurate’

The Axiom-4 mission, with a SpaceX Dragon spacecraft and Falcon 9 rocket, lifts off from Launch Complex 39A at NASA’s Kennedy Space Center in Cape Canaveral, Florida, on June 25, 2025. Giorgio Viera | AFP | Getty Images Elon Musk responded to the latest report that SpaceX is going public in 2026, calling it “accurate.” […]

Read More